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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

TransAct Technologies Declares Quarterly Cash Dividend of $0.09 Per Share

February 14, 2019

HAMDEN, Conn.--(BUSINESS WIRE)--Feb 14, 2019--TransAct Technologies Incorporated (Nasdaq: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that its Board of Directors has declared a quarterly cash dividend of $0.09 per share. The dividend will be payable on March 15, 2019, to shareholders of record at the close of business on February 20, 2019. On an annualized basis, the quarterly dividend represents an annual yield of 3.4% based on the $10.64 per share closing price of the Company’s stock on February 13, 2019.

About TransAct Technologies Incorporated

TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including restaurant solutions, POS automation, casino and gaming, lottery, and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the AccuDate™, EPICENTRAL®, Epic®, Ithaca®, and Printrex® brands. TransAct has over 3.0 million printers and terminals installed around the world and is committed to providing world-class service, spare parts and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190214005112/en/

CONTACT: Investor:

TransAct Technologies Incorporated

Steve DeMartino, President and Chief Financial Officer

203-859-6810JCIR

Richard Land, Joseph Jaffoni, Jim Leahy

212-835-8500 ortact@jcir.com

KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE RESTAURANT/BAR RETAIL

SOURCE: TransAct Technologies Incorporated

Copyright Business Wire 2019.

PUB: 02/14/2019 07:30 AM/DISC: 02/14/2019 07:30 AM

http://www.businesswire.com/news/home/20190214005112/en